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Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?

To: Raptech who wrote (5698)9/16/1998 11:26:00 PM
From: DJBEINO  Read Replies (2) | Respond to of 7841
 
Seagate Technology Reiterated 'Buy' at Sands Brothers

Bloomberg News
September 16, 1998, 12:54 p.m. PT
Princeton, New Jersey, Sept. 16 (Bloomberg Data) -- Seagate Technology
Inc. (SEG US) was reiterated ''buy'' by analyst Matthew Russo at Sands
Brothers & Co Ltd.



To: Raptech who wrote (5698)9/17/1998 9:10:00 AM
From: William Epstein  Read Replies (1) | Respond to of 7841
 
Raptech;

As you know I am very nervous about Seagate too. However, I checked the Zacks chart again and it still shows very low short interest. Below 2.48%. Make of it what you will.
PHOTOMAN/William Epstein



To: Raptech who wrote (5698)9/17/1998 7:54:00 PM
From: William  Read Replies (2) | Respond to of 7841
 
You said <<SEG looks to be oversold short term and is now subject to a decline greater than market if market declines >>
If it is oversold, it would tend to go up or down less than the market in a decline. What makes you think an oversold stock would drop more in a market decline?
William


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